As discussed in the previous parts of MBA series (check out the previous PARTS here), Management education has become very popular in the India and has opened various mediums to get it. Full time MBA has always been a choice no. 1 for any applicant but now days trend has been witnessed where those who don’t want to be leave their job and wants to continue with their education chooses to do Part time MBA along with their jobs. Distance learning MBA is another option for those students who are not in a position to study full-time due to work commitments, family priorities or financial reasons are able to consider studying from home.
Now let’s consider each with deep insights that might help you in getting you closer to your THE decision.
Full Time MBA in India.
There are many business schools and colleges in India offering two-year MBA or PGDM programs accredited by AICTE and/or UGC. The students are a mix of fresh graduates as well as with experience and get either at public or private schools depending on entrance examinations. Typically programs offer full-time, part-time and executive education programs.
The Indian Institutes of Management are among the world’s most selective schools. They offer a post graduate diploma in management rather than a degree because of an archaic Indian law which says that only universities can award degrees. IIMs are not considered universities since they were created by a special decree of the Indian parliament to increase management talent in India.
According to career360 Magazine, Following are the top Full time MBA programs in India:
|S.No.||College Name||Overall Rank||Overall Score||National Rating||State Rating||Cut off||Fees(In lakhs)|
|1||Indian Institute of Management, Ahmedabad||1||427.48||N.A||AAAAA||CAT:90||15.50|
|2||Indian Institute of Management, Bangalore||2||424.05||N.A||AAAAA||CAT:85||17.00|
|3||Department of Management Studies, Indian Institute of Technology, Delhi||3||408.44||N.A||AAAAA||CAT:95||4.28|
|4||Faculty of Management Studies, University of Delhi, Delhi||4||387.13||N.A||AAAAA||CAT:95||1.00|
|5||Shailesh J Mehta School of Management, Indian Institute of Technology, Bombay||5||384.08||N.A||AAAA+||CAT:95||8.98|
|6||Department of Management Studies, Indian Institute of Technology, Madras||6||380.89||N.A||AAAA+||CAT:95||4.25|
|7||XLRI – Xavier School of Management, Jamshedpur||1||366.04||N.A||AAAA+||XAT:92.25||15.00|
|8||Indian Institute of Management, Lucknow||7||365.66||N.A||AAAA+||CAT:90||10.83|
|9||Indian Institute of Management, Kozhikode||8||364.65||N.A||AAAA+||CAT:90||10.00|
|10||Indian Institute of Science, Bangalore||9||364.64||N.A||AAAA+||CAT:90||1.59|
|11||Management Development Institute, Gurgaon||2||362.22||N.A||AAAA+||CAT:92||15.96|
|12||SP Jain Institute of Management and Research, Mumbai||3||361.61||N.A||AAAA+||CAT:85|
|13||Indian Institute of Management, Indore||10||358.10||N.A||AAAA+||CAT:90||13.00|
|14||National Institute of Industrial Engineering, Mumbai||11||356.42||N.A||AAAA+||CAT:97||8.10|
|15||Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur||12||340.99||N.A||AAAA+||CAT:95.2||6.72|
|16||Indian Institute of Technology, Kanpur||13||338.39||N.A||AAAA+||CAT:95||4.80|
|17||Indian Institute of Foreign Trade, Delhi||14||332.34||N.A||AAAA+||N.A.||13.50|
|18||Rajiv Gandhi Indian Institute of Management, Shillong||15||329.90||N.A||AAAA||CAT:90||12.68|
|19||Indian Institute of Technology, Roorkee||16||325.02||N.A||AAAA+||CAT:90||4.18|
|20||Institute of Management Technology, Ghaziabad||4||313.85||N.A||AAAA+||CAT:90|
|21||TA Pai Management Institute, Manipal||5||309.16||N.A||AAAA||CAT:86|
|22||Xavier Institute of Management, Bhubaneswar||6||307.37||N.A||AAAA||CAT:94|
|23||Great Lakes Institute of Management, Chennai||7||307.26||N.A||AAAA||CAT:90|
|24||Indian Institute of Management, Rohtak||17||301.88||N.A||AAAA||CAT:85||9.00|
|25||Indian Institute of Management, Ranchi||18||297.57||N.A||AAAA||CAT:90||9.00|
|26||Indian Institute of Management, Raipur||19||296.96||N.A||AAAA||CAT:90||9.78|
|27||Institute of Rural Management, Anand||8||294.51||N.A||AAAA||CAT:80||5.17|
|28||Loyola Institute of Business Administration, Chennai||9||289.65||N.A||AAAA||CAT:90|
|29||Symbiosis Institute of Business Management, Pune||10||280.39||N.A||AAAA||N.A.||N.A.|
|30||Jamnalal Bajaj Institute of Management Studies, Mumbai||20||280.16||N.A||AAAA||CMAT:350||2.00|
Part Time MBA Programs in India
A part-time MBA suits the needs of working professionals who can complete the course on a part-time basis while still being employed. Though this would mean extended duration of the course, the income stream would continue throughout without having to take a break from work. It is also called Evening MBA programs. Where a regular Full time is for 2 years in duration, Part time/ evening MBA can be of 3 years or more.
According to the popular education portal, shiksha.com (Naukri.com group Company), Following are the top Part time MBA Programs in India.
|Rank||Name of the Institute||Total Course Fees (INR)|
|1||Indian Institute of Management, Lucknow||5.5 L|
|2||Faculty of Management Studies (FMS)||1.0 L|
|4||Indian Institute of Foreign Trade||5.0 L|
|5||Management Development Institute, Gurgaon||9.4 L|
|6||Jamnalal Bajaj Institute of Management Studies||1.5 L|
|7||Symbiosis Institute of Business Management, Pune||50.0 K|
|8||Symbiosis Institute of Business Management, Bangalore||1.2 L|
|10||Institute of Management Technology, Ghaziabad||4.3 L|
Distance Learning MBA in India
The distance learning MBA is gaining popularity, with many of the world’s top business schools developing virtual learning courses that can match up to their existing full-time programs. IE and Warwick Business School are the top two business schools in the world offering distance learning MBAs. But how is the landscape for distance learning MBA in India. As the name suggests, distance MBA programme is pursued via correspondence, i.e., remote communication between two parties. Education in this format focuses on imparting lessons to students, who are not physically present in a classroom. This medium is obtaining an MBA without actually having to attend the program on the campus. This could be done through various correspondence courses, online course material and discussions, teleconferencing and videoconferencing.
The advantage of this model is that these courses can be completed from the comfort of our home and while continuing our current profession. Some of these programs also offer flexibility in terms of their course structure.
Distance Learning Education has seen a paradigm shift with the introduction of technology in it. According to the popular website, topmba.com, speaks about the distance learning along with new technologies. According to the website, “Webinars and virtual learning environments are relatively new phenomena in the distance learning world. It’s only in the last decade or so that new video and interactive technologies have become readily available worldwide and our bandwidth speeds are able to keep up. Unfortunately because of its relative newness, there are the obvious teething problems with distance learning courses. Out of the wide range of people that sit in on these webinars there will always be one, certainly in the initial weeks, who cannot get their microphone or speakers to work and you’re likely be distracted by the regular sound effects from local emergency services from around the globe, which will probably begin to lose its novelty at some point in week three.”
For those MBA aspirants who are cannot afford to pursue full-time MBA, many Bschools offer distance learning MBA programmes. Almost every school recognises and caters to the needs of every MBA aspirant through its distance learning MBA course list. Over the years some of these schools have earned a reputation for various reasons like good placement assistance, quality study material, lectures, etc. Below is the list of top 10 institutions that offer MBA in distance education as per the careerindia.com:
|1||Symbiosis Centre of Distance Learning, Pune|
|2||Indira Gandhi National Open University, New Delhi|
|3||ICFAI Business School, Hyderabad|
|4||Institute of Management Technology Centre for Distance Learning|
|5||Sikkim Manipal University, Sikkim|
|6||Amity University, UP|
|7||Annamalai University, Tamilnadu|
|8||Alagappa University, Tamilnadu|
|9||Bharathidasan University – Centre for Distance Education|
|10||Maharshi Dayanand University, Rohtak|
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